The Global Military IT, Data and Computing Market 2012-2022 - Country Analysis: Market Profile

The Global Military IT, Data and Computing Market 2012-2022 - Country Analysis: Market Profile


February 11, 2013
64 Pages - SKU: PGSD4961264
License type:
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Countries covered: Global

Synopsis

This report offers detailed analysis of the global Military IT, Data and Computing market over the next ten years, and provides extensive market size forecasts by country and sub sector. It covers the key technological and market trends in the Military IT, Data and Computing market.

Summary

The Global Military IT, Data and Computing Market 2012-2022 - Country Analysis: Market Profile provides details of the key markets in each region, offering an analysis of the top segments of Military IT, Data and Computing, expected to be in demand. It also investigates the top three expected Military IT, Data and Computing programs, in terms of demand in the key markets in each region.

Reasons To Buy

The Global Military IT, Data and Computing Market 2012-2022 - Country Analysis: Market Profile allows you to:
  • Have access to a detailed analysis of defense spending patterns including forecasts of Military IT, Data and Computing spending till 2022 by region.
  • Gain insight into various defense modernization initiatives around the world.
  • Obtain detailed information on leading Military IT, Data and Computing programs of major defense spenders across the world.
  • Gain insight into sub-sector markets with comprehensive market values and forecasts of the leading defense spending nations.


Additional Information

Press Release

The US has the world’s largest defense budget and is the largest spender in the military IT, data, and computing market. Historically, the IT investments made by the DoD were unstructured and were done to meet the needs of individual projects, programs, organizations, and facilities. This decentralized approach has resulted in huge costs and a patchwork of capabilities, making it difficult to adapt to the new developments in IT. The DoD uses a number of networks in its missions, which have increased significantly over the last few years. This has caused the unnecessary complexity of networks, a reduced ability to secure information systems, and the needless consumption of resources.

 

To overcome these hurdles, the Secretary of Defense has directed the consolidation of IT infrastructure in order to achieve savings in acquisition, sustainment, and manpower costs, and to improve the DoD’s ability to execute missions while defending its networks against growing cyber threats. The country’s military IT, data, and computing budget is currently being driven by the government’s migration of its military IT resources to cloud computing, data center consolidation, battle space networking, and cyber warfare.

 

 

The US military IT, data, and computing market’s total expenditure is expected to be valued US$30.5 billion in 2012 and is forecasted to reach US$ 49.1 billion in 2022, growing at a CAGR of 4.9%. The major area of expenditure in this segment is networking, followed by software, hardware, and cyber security.


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